Nexkey Develops Nexkey Core For Retailers To Simplify Store Management | Security News – SecurityInformed

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Nexkey, an innovator in cloud-based mobile access control, developed a new technology for retailers to simplify store operations and management after an increased need for curbside pickups, loss prevention, and overall better consumer experience to battle online shopping.
Nexkey has developed new lock compatibility for the Nexkey Core to replace every lock and key in the store with the smartphone, most notably retail cabinets. Nexkey also expanded its dashboard to deliver never before data covering store occupancy and department activity. 
By eliminating keys with an app, this new technology from Nexkey helps shorten the checkout process by minimizing the time consumers wait for locked merchandise, preventing theft and asset loss with key logs, and can improve and speed up online shopping by granting the third party online order pickers access to merchandise cabinets.
Access can be granted to every employee for every lock imaginable which gives retailers the highest security”
For the past 3 years, we have helped over 800 businesses simplify access and streamline operations to their commercial buildings. After receiving a lot of interest from leading, nationwide retailers, we’ve re-designed Nexkey to fit the needs of any retail environment to create a seamless experience for both employees and consumers,” says Nexkey CEO Eric Trabold.
For the first time, access can be granted to every employee for every lock imaginable which gives retailers the necessary data, highest security, and fastest shopping experience possible to successfully operate a store.”
Nexkey Core, which turns any mechanical lock smart in minutes supports popular retail lock types including but not limited to plunger-, ratchet, and cam-locks. Because of easy installation, hundreds of mechanical locks can be converted to mobile credentialed and cloud-connected locks in a matter of hours.
Retailers can remotely manage thousands of keys around the store on one unified platform – Storefront doors, employee doors, display or retail cabinets, padlocks, and more.
Retail associates and online order pickers have access to help customers and complete orders faster rather than waiting for a manager with the keys, improving the overall customer experience. Every access event is tracked in the app and records who opened what and when, this minimizes theft and gives valuable insights into consumer engagement. Thousands of metal keys that weren’t possible to create and manage before, can instantly be issued or revoked digitally.
With Nexkey’s improved dashboard, retailers can gain valuable insights from visual data around occupancy, usage, the flow of people, and activity throughout the store. This data can aid store managers to make informed decisions around staffing, product placement, workflows, and more.
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Traditionally, security has been seen as a cost center rather than as a profit center or a source of revenue in an organization. Therefore, end-user security managers have struggled to cost-justify their purchases of security systems: How can you assign value to preventing a catastrophic loss unless or until such a loss happens (which you’re trying to avoid!). Even so, security’s return on investment (ROI) picture is changing, with expanded system capabilities and technologies that provide benefits beyond the traditional security function. For the latest, we asked this week’s Expert Panel Roundtable: How should end users measure the return on investment (ROI) of security systems? 
Our most popular articles in 2021 provide a good reflection of the state of the industry. Taken together, the Top 10 Articles of 2021, as measured by reader clicks, cover big subjects such as smart cities and cybersecurity. They address new innovations in video surveillance, including systems that are smarter and more connected, and a new generation of computer chips that improve capabilities at the edge. A recurring theme in 2021 is cybersecurity’s impact on physical security, embodied by a high-profile hack of 150,000 cameras and an incident at a Florida water plant. There is also an ongoing backlash against facial recognition technology, despite promising technology trends. Cross-Agency collaboration Our top articles also touch on subjects that have received less exposure, including use of artificial intelligence (AI) for fraud detection, and the problem of cable theft in South Africa. Here is a review of the Top 10 Articles of 2021, based on reader clicks, including links to the original content: Smart cities have come a long way in the last few decades, but to truly make a smart city safe Safety in Smart Cities: How Video Surveillance Keeps Security Front and Center The main foundations that underpin smart cities are 5G, Artificial Intelligence (AI), and the Internet of Things (IoT) and the Cloud. Each is equally important, and together, these technologies enable city officials to gather and analyze more detailed insights than ever before. For public safety in particular, having IoT and cloud systems in place will be one of the biggest factors to improving the quality of life for citizens. Smart cities have come a long way in the last few decades, but to truly make a smart city safe, real-time situational awareness and cross-agency collaboration are key areas that must be developed as a priority. Fraud detection technology How AI is Revolutionising Fraud Detection Fraud detection technology has advanced rapidly over the years and made it easier for security professionals to detect and prevent fraud. Artificial Intelligence (AI) is revolutionizing fraud detection. Banks can use AI software to gain an overview of a customer’s spending habits online. Having this level of insight allows an anomaly detection system to determine whether a transaction is normal or not. Suspicious transactions can be flagged for further investigation and verified by the customer. If the transaction is not fraudulent, then the information can be put into the anomaly detection system to learn more about the customer’s spending behavior online. For decades, cable theft has caused disruption to infrastructure across South Africa Remote Monitoring Technology: Tackling South Africa’s Cable Theft Problem For decades, cable theft has caused disruption to infrastructure across South Africa, and it’s an issue that permeates the whole supply chain. In November 2020, Nasdaq reported that, “When South Africa shut large parts of its economy and transport network during its COVID-19 lockdown, organized, sometimes armed, gangs moved into its crumbling stations to steal the valuable copper from the lines. Now, more than two months after that lockdown ended, the commuter rail system, relied on by millions of commuters, is barely operational.” Physical security consequences Hack of 150,000 Verkada Cameras: It Could Have Been Worse When 150,000 video surveillance cameras get hacked, it’s big news. The target of the hack was Silicon Valley startup Verkada, which has collected a massive trove of security-camera data from its 150,000 surveillance cameras inside hospitals, companies, police departments, prisons and schools. The data breach was accomplished by an international hacker collective and was first reported by Bloomberg. Water Plant Attack Emphasises Cyber’s Impact on Physical Security At an Oldsmar, Fla., water treatment facility on Feb. 5, an operator watched a computer screen as someone remotely accessed the system monitoring the water supply and increased the amount of sodium hydroxide from 100 parts per million to 11,100 parts per million. The chemical, also known as lye, is used in small concentrations to control acidity in the water. The incident is the latest example of how cybersecurity attacks can translate into real-world, physical security consequences – even deadly ones. Video surveillance technologies Organizations around the globe embraced video surveillance technologies to manage social distancing Video Surveillance is Getting Smarter and More Connected The global pandemic has triggered considerable innovation and change in the video surveillance sector. Last year, organizations around the globe embraced video surveillance technologies to manage social distancing, monitor occupancy levels in internal and external settings, and enhance their return-to-work processes. Forced to reimagine nearly every facet of their operations for a new post-COVID reality, companies were quick to seize on the possibilities offered by today’s next-generation video surveillance systems. The Post-Pandemic Mandate for Entertainment Venues: Digitally Transform Security Guards At sporting venues, a disturbing new trend has hit the headlines — poor fan behavior. At the same time, security directors are reporting a chronic security guard shortage. Combining surveillance video with AI-based advanced analytics can automatically identify fan disturbances or other operational issues, and notify guards in real time, eliminating the need to have large numbers of guards monitoring video feeds and patrons. The business benefits of digitally transformed guards are compelling. Important emerging technology Why Access Control Is Important In a workspace, access control is particularly crucial in tracking the movement of employees should an incident occur, as well as making the life of your team much easier in allowing them to move between spaces without security personnel and site managers present. It can also reduce the outgoings of a business by reducing the need for security individuals to be hired and paid to remain on site. The city of Baltimore has banned the use of facial recognition systems by residents Baltimore Is the Latest U.S. City to Target Facial Recognition Technology The city of Baltimore has banned the use of facial recognition systems by residents, businesses and the city government (except for police). The criminalization in a major U.S. city of an important emerging technology in the physical security industry is an extreme example of the continuing backlash against facial recognition throughout the United States. Several localities – from Portland, Oregon, to San Francisco, from Oakland, California, to Boston – have moved to limit use of the technology, and privacy groups have even proposed a national moratorium on use of facial recognition. Powerful artificial intelligence Next Wave of SoCs Will Turbocharge Camera Capabilities at The Edge A new generation of video cameras is poised to boost capabilities dramatically at the edge of the IP network, including more powerful artificial intelligence (AI) and higher resolutions, and paving the way for new applications that would have previously been too expensive or complex. Technologies at the heart of the coming new generation of video cameras are Ambarella’s newest systems on chips (SoCs). Ambarella’s CV5S and CV52S product families are bringing a new level of on-camera AI performance and integration to multi-imager and single-imager IP cameras.
Here’s a news flash: 2022 will be a pivotal year for the security industry. As we enter the new year, continuing change is a safe prediction for any fast-moving, technology-driven marketplace. Recent history confirms the ability of the security industry to shift and adapt to changing conditions and to provide an ever-expanding menu of technology solutions to make the world a safer place. Given that the new year will bring change, what will that change encompass? More to the point, what should it encompass? We asked this week’s Expert Panel Roundtable: What is the biggest change you would like to see within the security industry in 2022?
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